Juspay raises $50M at $1.2B valuation as payments volume tops $1 trillion

Juspay has raised $50 million in a Series D follow-on round, pushing its valuation to $1.2 billion and reinforcing its position as one of the most scaled payments infrastructure companies operating out of India today.

The round was backed by returning investor WestBridge Capital and includes both primary and secondary capital. Part of the deal gives liquidity to early backers and employees holding ESOPs, marking the second such payout the company has facilitated in under a year. That detail matters. It signals maturity in a sector where exits and employee liquidity often lag years behind headline growth.

Fintech startup Juspay’s payments engine hits $1T in volume after $50M WestBridge investment

The raise follows a year defined by sheer volume. Juspay now processes more than 300 million transactions every day and has crossed $1 trillion in annualized total payment volume. That scale places the company in rare company globally, especially for a platform built quietly in the background rather than through consumer branding. Its client list reads like a map of global commerce, spanning Amazon, Google, HSBC, Flipkart, Agoda, IndiGo, Swiggy, Zepto, and Zurich Insurance.

Juspay’s footprint has stretched well beyond India. The company now operates across Asia-Pacific, the Middle East, Europe, the UK, North America, and Latin America, positioning itself as a core infrastructure layer for banks and large enterprises rather than a regional payments provider. The strategy centers on open-source, interoperable systems that can plug into varied regulatory and network environments without locking customers into proprietary rails.

The company has spent more than a decade focusing on foundational payment problems that rarely make headlines yet determine whether systems fail or hold under load.

“Our focus over the last decade has been on solving the core complexities of global payments through first-principles engineering & design,” said Sheetal Lalwani, Co-founder and COO of Juspay. “As we scale globally, we are grateful for the continued trust of our partners. This round reflects our growth and provides liquidity opportunities for our early investors and team members who have been part of this journey. We welcome WestBridge Capital as a partner as we build the next generation of payments infrastructure.”

The fresh capital gives Juspay more room to scale internationally and invest in internal tooling. The company has begun applying AI across workforce productivity and merchant-facing systems, aiming to improve reliability and efficiency inside payment flows rather than chasing consumer-facing novelty.

WestBridge’s continued backing reflects confidence in that approach. “Juspay has consistently demonstrated an ability to stay ahead of the curve by building robust, future-ready technology that powers the world’s most demanding payment ecosystems,” said Deepak Ramineedi, Partner at WestBridge Capital. He pointed to Juspay’s shift from payment orchestration into full-stack UPI infrastructure and core banking payments as evidence of long-term platform ambition paired with profitable growth.

Founded in 2012, Juspay now serves more than 500 enterprises and banks worldwide. The company reports 99.999% reliability across its systems, a figure that carries weight in payments where downtime translates directly into lost revenue and broken trust. Its global team spans Bengaluru, San Francisco, Dublin, São Paulo, Singapore, and Dubai, supporting clients operating at national and multinational scales.

At a time when payments startups often chase surface-level features or consumer buzz, Juspay’s story looks different. The company has grown by staying invisible, selling stability, and letting volume do the talking. The $50 million raise does little to change that posture. It simply extends the runway for a business already woven into the daily flow of global commerce.